AP1 &amp; 2 - practice papers - HELP!

I have my AP1 & AP2 exams in a couple of weeks and am really not confident and panicking. Wondered if someone could help me with a couple of questions.....

I have to list and total the balances on the P/L accounts and compare it to the PLCA and establish any difference between the two, if there are any errors that need adjusting make the appropriate entries in the main ledger accounts. The P/L a/c is £23607.55 and the PLCA is £23711.07 giving a difference of £103.52. On the Purchases Day book there is an amount of VAT which has not been included in the gross amount. The VAT amount is £1071.04 The Cash book shows payments of £33661.15

I don't know where to start on this......

I have a similar question on the Sales Ledger - list and total balances and compare to the balance on the SLCA. There is a difference of £3600 which seems to be Bank Payments. Bank Payments on the SLCA show £32254.37 and on the Sales Ledger Accounts £28654.37

I have no idea how to correct it, and I can't go on to do the trial balance until I have solved these two questions.

Compare this total with the balances on the P/L control a/c at 30 June 06. Establish reasons for any difference between the two. If any errors need adjusting, make appropriate entries in the main ledger accounts.

Just a minor observation here and I'll have a wee look over the figures later... Have you been introduced to the suspense account function yet? This may be where you need to put the initial amount so as to even things up.

I had a similar situation early on in my AP1 and the suspense account was the key to solving the scenario.

Thank you very much for this. I made the difference £103.52 but am unable to find it at the moment - have been looking at this question and the similar one I have with the Sales Ledger and can't seem to move on.

Hi Karen, I read your post last night and admit that I was one of the 39 people you referred to. I, like many of the regulars on here, am AAT qualified but still like to help and support students whenever possible. I did respond to a number of posts over the weekend, and would've done to yours if the post had been clearer. I'm not here to criticise you but perhaps in future you could post more detail (like your later post on here), or just provide a reference, ie the page number and name of a text book you are using. If a student recognises it as a question they've done in the past, you may get a better response.

It looks as if other people have sorted you out this time, but if I can be of any help in the future I will respond.

I'm still trying but obviously don't want to go to my next class and not been able to complete the paper.

Hello,
I would go in and explain to them that you just dont get it. I do it when I get stuck. And you wont be the only one. Or someone will be able to expalin in your class, then another subject you will get straight away, and others will stuggle. It happens all the time

cirkey Karen you worry too much, the cba is the important bit, homework is learning, get the college to do thier job and go through it with you............you really are worrying over nothing. God help you when a sole trader is having a go at you ...............lol